The company's purpose is to hold and manage participations in Switzerland and abroad, manage rights from licenses and branding, and manage the company's assets in general, particularly in companies of the tool industry. The company is authorized to acquire, encumber, sell or manage real estate in Switzerland and abroad. Furthermore, the company may enter into any business and conclude contracts that are suitable to promote the development of the company and the achievement of its purpose, or that are directly or indirectly related thereto.